XRP prices have recently experienced the strongest rebound in months, rising nearly 33% from the December 31, 2025 low, with about an 11% surge in the past 24 hours alone. After a prolonged period of consolidation, XRP has once again become a market focus, but whether the rally can continue depends on the breakthrough of key resistance levels.
From a technical perspective, the current rally began with a triple bottom formation around $1.77, an area that has repeatedly proven to be effective support, forming the basis of the current rebound. Technical momentum is improving, with the 20-day EMA trending upward toward the 50-day EMA. A clear bullish crossover would typically indicate a shift from a rebound to a sustained upward trend, which is positive for XRP price forecasts.
In terms of volume, the On-Balance Volume (OBV) has broken through the previous downtrend line, indicating that capital is re-entering the XRP market. However, it is important to note that OBV has not yet formed a significant new high, suggesting that buying pressure is increasing but has not yet entered an acceleration phase. Around $2.41, the candlestick shows a relatively long upper shadow, reflecting significant selling pressure at that level.
On-chain data further reveal market divergence. Long-term holders continue to accumulate net positions, with daily net accumulation increasing from about 9 million XRP since December 30 to over 47 million XRP, indicating confidence among medium- and long-term investors. However, the unrealized profit and loss (NUPL) among long-term holders has risen back into a zone that previously triggered profit-taking. Historically, this area has led to phased corrections, signaling that short-term risks are accumulating.
Almost all technical and on-chain signals currently point to the critical level of $2.41. Distribution of cost basis shows that approximately 1.56 billion XRP are concentrated in the $2.39–$2.41 range, suggesting that many holders may choose to sell to break even at this level, creating a strong resistance.
If XRP can effectively hold above and break through $2.41 on the daily chart, upward selling pressure will significantly ease, with the next target potentially at $2.69, offering about 13% upside from the current price. This would greatly reinforce bullish expectations for XRP’s price movement.
Conversely, if the breakout fails, XRP may retest the short-term support at $2.26, with a deeper support level at $1.90. As long as the price does not fall below $1.77, the overall upward structure remains intact.
Overall, XRP is in a critical validation phase of its upward trend. The short-term success or failure depends on whether the bulls can turn the $2.41 resistance into a new support.
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